Is Newgen Software Technologies Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Newgen Software Technologies Ltd (NEWGEN.NS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Newgen Software Technologies Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Newgen Software Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Newgen Software Technologies Ltd?

Muslim investors may consider investing in Newgen Software Technologies Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Newgen Software Technologies Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Newgen Software Technologies Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Newgen Software Technologies Ltd updated?

The Shariah compliance status of Newgen Software Technologies Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Newgen Software Technologies Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Newgen Software Technologies Ltd?

You can check the latest Shariah compliance status of Newgen Software Technologies Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NEWGEN.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 20, 2026

Report Source: 2026 3rd Quarter Report

Newgen Software Technologies Ltd. Stock Analysis NEWGEN.NS

India Information Technology Small Cap Report: Q3, 2026

Newgen Software Technologies Ltd. engages in the provision of software development products. The company is headquartered in New Delhi, Delhi. The company went IPO on 2018-01-29. Its NewgenONE platform offers a comprehensive suite of automation technologies that cover everything from task automation to content-rich, mission-critical applications, and complex workflow orchestration. Its NewgenONE capabilities include intelligent process automation, contextual content services, omnichannel customer engagement, low-code application development, data science, generative AI, integration ecosystem, and Agentic AI and Artificial Intelligence and Data Science. Its low code application development solution includes application studio and data model designer. The company offers a range of Agentic AI, which include Marvin, Real-time, and LumYn. The firm's geographical segments include India, EMEA, APAC, and USA.

Key Statistics of Newgen Software Technologies Ltd (NEWGEN.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹457.10₹491.00

Today's Open

₹457.10

Volume

3.37M

P/E Ratio (TTM)

21.63

52 Week Range

₹401.05₹1,377.15

Market Cap

70.68B

Avg. Volume

1.80M

Dividend Yield

1.09%

Financial Metrics & Statements of Newgen Software Technologies Ltd (NEWGEN.NS)

FAQ's for Newgen Software Technologies Ltd (NEWGEN.NS)

According to Musaffa’s Shariah screening methodology, Newgen Software Technologies Ltd (NEWGEN.NS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.